Eurozone’s export data isn’t helping the euro much today, as the 18-nation currency is dropping against most of its major counterparts.
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Canada’s economy appears to be stalling right now. Even as economic data shows that things are picking up in the United States and even the United Kingdom, Canada is being left behind — along with the eurozone.
Greenback is heading lower today against most of its major counterparts. The dollar index might be up on the year, but today it’s pulling back on disappointing data and better news in other regions.
The latest growth outlook for the UK economy is pushing the pound higher today. Pound reached a five-week high against the euro, thanks to the fact that the United Kingdom is expected to see greater growth in the coming year than the eurozone.